SMIC Fourth Quarter Profit Surges Sixty Percent Beyond Analyst Expectations

China's top chipmaker SMIC reported a 60.7 percent jump in fourth-quarter profit on Tuesday. Revenue also climbed to $2.49 billion as the firm beat forecasts.

洞察:
Semiconductor Manufacturing International Corporation announced its fourth-quarter and year-end results on February 10, 2026, reporting a 60.7% year-on-year increase in profit to $172.85 million. The company, which is the largest contract chipmaker in China CNCN, also reported that its revenue rose 12.8% to $2.49 billion. Both the profit and revenue figures surpassed the estimates previously set by LSEG analysts.
A logo of Semiconductor Manufacturing International Corporation (SMIC) is seen at the China International Semiconductor Expo in Shanghai, China, on October 14, 2020. REUTERS/Aly Song
A logo of Semiconductor Manufacturing International Corporation (SMIC) is seen at the China International Semiconductor Expo in Shanghai, China, on October 14, 2020. REUTERS/Aly Song
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